The Grand Prix at Magny-Cours has been cancelled for the 2009 season, following a French motorsport authorities' decision that it isn't financially viable.
The loss of the French race reduces the number of races for 2009 to just seventeen, pending any further developments.
The FFSA, the main financial backer for the French Grand-Prix, has said "After considering the economic context, the FFSA is giving up its status as a financial promoter of a Formula 1 grand prix."
"As a result, unless a promoter is found to replace the FFSA, the French Grand Prix cannot be part of the FIA’s international calendar in 2009."
Despite the cancellation of the race, the FIA is looking at several other options, including a new track around Paris as well as a revamped Magny-Cours circuit.
F1 boss, Bernie Ecclestone, is pushing for a move away from Magny-Cours, which is considered too remote and lacking in atmosphere by many in the paddock. Ecclestone has long been saying he would like a street circuit in France.
Do you think Magny-Cours is a big loss to the F1 calendar or do believe the sport will benefit from a new circuit in France?